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THE COMPANY
12 Months Ended
Dec. 31, 2012
THE COMPANY  
THE COMPANY

NOTE 1 THE COMPANY

        McEwen Mining Inc. (the "Company" or "McEwen Mining") was organized under the laws of the State of Colorado on July 24, 1979 and formerly operated under the name of US Gold Corporation. On January 24, 2012, the Company changed its name to McEwen Mining Inc. after the completion of the acquisition, by way of a statutory plan of arrangement under the laws of the Province of Alberta, Canada, of Minera Andes Inc. ("Minera Andes"). McEwen Mining is a mining and exploration company focused on precious metals in Argentina, Mexico and the United States.

        As a result of the acquisition of Minera Andes, the Company acquired a 49% interest in Minera Santa Cruz S.A. ("MSC"), owner of the producing San José Silver-Gold Mine in Santa Cruz, Argentina; a 100% interest in the Los Azules Copper Deposit in San Juan, Argentina, and a large portfolio of exploration properties in Santa Cruz, Argentina. The San José Mine is operated by the majority owner of the joint venture, Hochschild Mining plc ("Hochschild").

        The Company began production at Phase 1 of the El Gallo Complex in Mexico in September 2012, and for the year ended December 31, 2012, produced a total of 6,863 oz of gold and 4,492 oz of silver.